Cross-border investment in India in FY22 may reach $2.5 bn: Report

30 Sep 2021 CW Team

India is likely to receive $2.5 billion cross-border real estate investment in the financial year (FY) 2022, according to the recent Knight Frank report.

Shishir Baijal, Knight Frank India Chairman and Managing Director, told the media that a series of structural reforms in the recent past has put the country鈥檚 realty sector on a high trajectory attracting global attention.

The fast-improving pandemic situation in the country coupled with policy interventions to boost real estate sector increase will ensure global capital finds it attractive to compete in the sector, Baijal said.

For cross-border realty investment, the United States (US), Germany, France, United Kingdom (UK), and the Netherlands are forecast to be the top destinations in 2022.

In 2022, the US, Canada, UK, and Germany are predicted to be the largest deployers of cross-border capital, led by investment managers, institutions, and private equity investors.

The office sector is tipped to be the focus of over half of all key cross-border transactions. In 2022, residential is determined to be the second most invested sector.

Also read: 亚博体育官网首页 preferences seeing an inclination towards gated communities

Also read: 亚博体育官网首页 renovation platform Livspace plans $50 mn biz expansion

21 May 2025

Mahindra Lifespaces Eyes Rs 100 Bn Sales by FY30

Mahindra Lifespace Developers, the real estate arm of the Mahindra Group, is aiming to more than triple its sales to Rs 100 billion by FY30, up from Rs 33 billion achieved in FY25.Managing Director and CEO Amit Kumar Sinha stated that the company already holds 70鈥�80 per cent of the land bank required to meet this target. 鈥淲e鈥檝e significantly scaled up our GDV (gross development value), but we鈥檙e not under pressure to chase land deals,鈥� he said. GDV represents the estimated revenue a development project could generate upon completion.Mahindra Lifespaces鈥� annual GDV has expanded from..

Real Estate

21 May 2025

TCS Leases 6.3 Lakh Sq Ft in Chennai for Rs 28 Mn Monthly

Tata Consultancy Services Ltd (TCS) has leased 630,000 square feet of office space at Ozone Techno Park in Navalur, Chennai, at a monthly rent of Rs 28 million, according to documents accessed by property analytics firm Propstack.The lease, which spans seven floors, commenced on 15 March 2025, and has a ten-year tenure with a three-year lock-in period until March 2028. The landlord for the property is Platinum Holdings Pvt Ltd, and TCS has reportedly paid a security deposit of Rs 255 million.The rent is priced at Rs 45 per sq ft per month, with a 12 per cent escalation every three years. The p..

Real Estate

21 May 2025

Elan Awards Rs 11 Bn Contract to Leighton for Gurugram Project

NCR-based real estate developer Elan Group has awarded a Rs 11 billion construction contract to Leighton Asia, a part of Australia's CIMIC Group, for the development of Elan The Emperor, an ultra-luxury residential project in Sector 106, Dwarka Expressway, Gurugram.The development, spread across nearly 5 million square feet of built-up area, is part of Elan鈥檚 50-acre integrated township and is designed to achieve IGBC LEED Gold Certification, affirming its focus on sustainability and green building standards.The contract includes significant civil and MEP (Mechanical, Electrical, Plumbing) w..